Finance

JUST IN: Betting Tax to increase to 20% to discourage bettors?

According to him, the president should consider increasing the tax to 20% to discourage bettors from engaging in the act, which is becoming increasingly prevalent.

The tax lawyer asserted that the growing prevalence of betting in the country is worrying, considering its negative impact on those involved.

Speaking on “The Agenda” aired on TV3, while discussing Ghana’s taxes, Tawiah urged authorities to implement measures to curb the menace of betting by increasing the betting tax.

“Betting tax should be increased to 20 percent to discourage persons who bet,” he suggested.

Meanwhile, Minister of Finance, Dr. Cassiel Ato Forson, assured the public during his ministerial vetting that scrapping the betting tax would be one of his first acts in office.

Other government officials including George Opare Addo have reiterated that the betting tax would be removed.

Read Tawiah’s remarks in the post below:

Source: www.ghanaweb.com

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. In addition to his media ventures, Solomon serves as a Brand Ambassador for Alabuga, a prominent Russian industrial company, representing their interests and expansion across Africa. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

Related Articles

Back to top button